Callan Capital LLC Has $2.27 Million Stake in Walmart Inc. (NYSE:WMT)

Callan Capital LLC lowered its holdings in shares of Walmart Inc. (NYSE:WMT) by 0.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 25,173 shares of the retailer’s stock after selling 163 shares during the quarter. Callan Capital LLC’s holdings in Walmart were worth $2,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Fiduciary Advisors Inc. acquired a new stake in shares of Walmart during the 4th quarter valued at about $27,000. Peterson Financial Group Inc. acquired a new position in Walmart in the third quarter worth about $26,000. Decker Retirement Planning Inc. bought a new position in Walmart during the fourth quarter worth about $32,000. Voisard Asset Management Group Inc. boosted its holdings in Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after purchasing an additional 174 shares in the last quarter. Finally, Hara Capital LLC bought a new stake in shares of Walmart in the 3rd quarter valued at approximately $37,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insiders Place Their Bets

In related news, SVP David Chojnowski sold 5,600 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total value of $512,120.00. Following the transaction, the senior vice president now owns 87,404 shares in the company, valued at approximately $7,993,095.80. This represents a 6.02 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $91.44, for a total value of $2,663,098.56. Following the completion of the transaction, the chief executive officer now directly owns 3,814,805 shares in the company, valued at $348,825,769.20. The trade was a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 176,777 shares of company stock valued at $16,570,112 over the last 90 days. 45.58% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Oppenheimer raised their target price on Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Robert W. Baird lifted their price objective on Walmart from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday. Citigroup upped their target price on shares of Walmart from $98.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. DZ Bank downgraded shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target for the company. in a report on Thursday, November 21st. Finally, Jefferies Financial Group upped their price objective on shares of Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Two investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $102.43.

Walmart Stock Performance

WMT opened at $94.70 on Friday. The business’s 50-day simple moving average is $95.63 and its 200 day simple moving average is $86.44. Walmart Inc. has a 52-week low of $57.77 and a 52-week high of $105.30. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The firm has a market capitalization of $760.77 billion, a PE ratio of 39.30, a PEG ratio of 4.42 and a beta of 0.55.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The firm had revenue of $180.55 billion for the quarter, compared to analyst estimates of $178.83 billion. As a group, sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s payout ratio is currently 34.44%.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.